男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Chinese wealth management firm Puyi debuts on Nasdaq

Xinhua | Updated: 2019-03-30 08:05
Share
Share - WeChat

NEW YORK - Puyi Inc, a Chinese third-party wealth management services firm, had its trading debut on Friday, after it completed the initial public offering (IPO) of its American Deposit shares (ADSs) on Wednesday.

Puyi has been listed on the NASDAQ Global Market under the ticker symbol of PUYI. Shares of Puyi soared more than 13 percent around market close at its first trading day.

An ADS is a US dollar-denominated equity share of a foreign-based company for purchase on a US stock exchange.

At a price of $6 per ADS, the company has raised around $25.75 million through offering more than 4.29 million ADSs, Puyi said in a public statement.

Network 1 Financial Securities Inc acted as the underwriter, and Valuable Capital Limited acted as the selected dealer for the offering.

The company noted it would use the IPO proceeds primarily for expanding branch network, upgrading IT infrastructure, as well as seeking more capital through launching additional funds, and making fund investments and acquisitions.

Puyi, headquartered in Guangzhou, capital city of southern China's Guangdong province, focuses on China's mass affluent and emerging middle class population. It also provides corporate financing services and asset management services.

The company first filed with the US Securities and Exchange Commission for an IPO on Nov 21, 2018, and filed its latest prospectus on March 19.

For the year ended June 30, 2018, Puyi saw its net revenues rose to approximately $25.1 million, a marked increase from the same period of the previous year, thanks to stronger corporate finance services and asset management services, according to the latest prospectus.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 遵义市| 咸丰县| 洱源县| 娄底市| 丹阳市| 若羌县| 桂阳县| 岳普湖县| 石城县| 鄂州市| 凤山市| 固镇县| 搜索| 云南省| 湟源县| 闵行区| 勐海县| 武邑县| 滕州市| 平原县| 象州县| 辛集市| 桂东县| 忻城县| 广水市| 洛宁县| 凤山县| 安塞县| 迁安市| 商洛市| 徐汇区| 镇雄县| 玉田县| 岑巩县| 金阳县| 富宁县| 锡林浩特市| 团风县| 漳平市| 图们市| 鄂尔多斯市|